NASDAQ:ALT marketcap need to move above the trend line & hold it, then we will see a big bang in the month of July🚀 Expecting, a rally will start like feb - mar!
Hello,Friends! It makes sense for us to go short on GBP/JPY right now from the resistance line above with the target of 197.285 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! AUD/USD is making a bullish rebound on the 6H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.662 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.062...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. It is true that the legend Warren Buffett says: "Never bet against America" But it is time for a correction in my opinion. I find the daily chart for US500 to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST 1️⃣ =>...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPCHF has been overall bearish, trading within the falling channel in red. However, GBPCHF is currently approaching the lower bound of the channel. Moreover, it is retesting a strong demand zone marked in green. 🏹 Thus, the highlighted blue circle is a strong area to...
Fetch.ai soon to be ASI (Artificial super intelligence) after the merger with Singularity (AGIX) and Ocean protocol (OCEAN) has been a victim of the recent altcoin market drawdown. As on of the leading projects in the AI space, FET surged to a high of $3.47, since then price has been retracing back down the range created by the rally previously. BEARISH: Now...
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.61700 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.61700 support and resistance area. Trade safe, Joe.
Today we are monitoring GOLD for a sell opportunity. We expect price to gravitate towards 2355-2360 zone where we will open sell positions. Our stops are at 2366.666 level and targets are below 2276.80 . This is most likely the beginning of a strong correction. Use proper risk management.
Hello,Friends! USOIL pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 77.06 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
Hello Traders ! Previously, The CADCHF formed a bearish triple top pattern. At the moment, The price broke the support level (0.64726 - 0.64628). This key level becomes a new resistance level ! So, I predict a bearish move📉 ____________ TARGET: 0.64100🎯
Hello,Friends! EUR/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 169.467...
Hello,Friends! Previous week’s green candle means that for us the NZD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.609. ✅LIKE AND COMMENT MY IDEAS✅
Hello Traders ! After a huge bearish move, The EURAUD price broke the support level (1.61290 - 1.62182). Support becomes a new resistance level ! So, I expect a new bearish move📉 ___________ TARGET: 1.59200🎯
Here I have USD/CHF on the Daily Chart! After USD/CHF finished its Impulse Wave May 1st with a High @ .92242 we see based on the Low or Point A @ .89879 followed by a LOWER HIGH or Point B @ .91587 .. We are given all the Ingredients for a CORRECTION WAVE!! Now based on the break of the NEW LOWER LOW @ .88809, using the Fibonacci Retracement Tool, we see price...
Hello,Friends! The BB upper band is nearby so GOLD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 2319.618. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 156.356 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! CAD/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 112.973 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...